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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 34110 times)
beej
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December 23, 2017, 05:45:20 PM
 #1221

Bitcoin's price at the moment is decreasing but it is no reason
to panic, it's normal I think that there will always be a time
For any investment or currency to go down.if that happens
Just try to hold on and wait for how it does on the coming days
or months. if It goes down try investing to other altcoins.
reymartH
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December 23, 2017, 05:49:11 PM
 #1222

In order for us to succeed in crypto world we all just need to be patient and keep holding. Bitcoin will soon reach $1m/coin  Grin
Decalcomania
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December 23, 2017, 06:09:57 PM
 #1223

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
My question is why we should panic if we see the price of the bitcoin is going down? We should be aware that panicking can lead us to create bad decision and eventually we will lose our money if we panicking.

Fretcy
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December 23, 2017, 07:00:08 PM
 #1224

When the price of bitcoin falls, I would say that it is best to buy more bitcoins as there is high potential for the bitcoins to increase its value ten times more than the current value of bitcoins. It is quite normal in the financial market like in normal stock and share market the value increases and then there will a slight decrease and get back to the high price same applies in the crypto market, so there is no need to panic when the price drops. As we can see from the price chart that in the current scenario bitcoin is the most valuable thing available in the financial market and nothing can beat this bitcoin and blockchain technology and so there is still high chances for the price to shoot even higher than $ 100000 as this is a good trillion dollar market.

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devollito
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December 23, 2017, 07:10:56 PM
 #1225

If you panic when some coin falling. Not only bitcoin. You will sell all your shirt pretty fast. Thats how market work. Every coin can goes up and fall. Its still not real lose if you did not panic and sell it.
cryptoindustries
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December 23, 2017, 07:15:14 PM
 #1226

this happens every time in fact every year major fall of the bitcoin's price happened and every year FUDs like this are beginning to multiply to fight the price and popularity of bitcoin to the people and the market, right this december we can expect people will spend a lot of money in preparations in the holidays so also expect that money will outflow from the market and prices will downpour but not for too long because people also have money in this time of the year and want to invest it for the years to come for capital appreciation..
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December 23, 2017, 07:32:55 PM
 #1227

It is a panic time, Most of bitcoin holders didn't expect this fall by now after a huge growing. we just hope Bitcoin won't loose its power.

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December 23, 2017, 07:38:18 PM
 #1228

I swear if any of you panic sell that BTC , you don’t deserve a lambo rather you must know that it's time to buy that time. Make it easy, If you don’t sell, you haven’t lost any money!
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December 23, 2017, 07:39:22 PM
 #1229

For some it is, for others (like me) it isn't.
stay cool and do not be afraid to be broke  Grin
cryptosy
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December 23, 2017, 07:46:20 PM
 #1230

I don't know where the hatred for Bitcoin's downfall is coming from but it's just absurd because bitcoin will never go down as they do wish . It took a tumble due to a he negative news circulating around but it's gradually recovering.
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December 23, 2017, 08:01:45 PM
 #1231

Wow.. i thought the post was for the last days... it turns out to be a older post.
These episodes keep happening... It all dump and pump by the whales.

Relax when it happens again.
For people who ask ' when will the bubble burst' ? ' when will the correction happen' and all other similar questions. know this. NO ONE KNOWS. Everyone only speculates. Including the person who had successfully predicted last time.

If you are willing to take the risk, you should not be involved in bitcoin.

Topaz72
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December 24, 2017, 05:06:26 PM
 #1232

I think we still have a lot of year ahead of us before seeing it fall, until it has a replacement, it will continue its meteoric rise
Some people are fear from falling of bitcoin price but I want to explain them when the price of bitcoin is falling then you need to start buying bitcoins because if you can buy bitcoin at that time and then hold them for a time when the rate of bitcoin is increased from the rate at which you bought then you can sale your bitcoin.
They panic because they lack knowledge, this FUD are everywhere and it will affect those people who are weak.
Let them dump and we shall buy cheap bitcoins, besides this will be for our benefits as we are given a chance to make money in a short term.
There is no need to make any panic because some time its price will go high and sometime its price will be slow it’s a part of business because it’s a currency and its price is related with market trade so its normal and it’s not  a  first time that it happen bitcoin change its price fast from low to high if bitcoin price drop I will not or lose I will still keep in touch with bitcoin because bitcoin  is a part of my life and it did a lot for me.
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December 25, 2017, 02:20:48 AM
 #1233

Hard to say... but I think it's only a normal correction after a crazy growth.
I bet that in january bitcoin will start to rise again.
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December 25, 2017, 03:03:03 AM
 #1234

I think we still have a lot of year ahead of us before seeing it fall, until it has a replacement, it will continue its meteoric rise
Some people are fear from falling of bitcoin price but I want to explain them when the price of bitcoin is falling then you need to start buying bitcoins because if you can buy bitcoin at that time and then hold them for a time when the rate of bitcoin is increased from the rate at which you bought then you can sale your bitcoin.
They panic because they lack knowledge, this FUD are everywhere and it will affect those people who are weak.
Let them dump and we shall buy cheap bitcoins, besides this will be for our benefits as we are given a chance to make money in a short term.
There is no need to make any panic because some time its price will go high and sometime its price will be slow it’s a part of business because it’s a currency and its price is related with market trade so its normal and it’s not  a  first time that it happen bitcoin change its price fast from low to high if bitcoin price drop I will not or lose I will still keep in touch with bitcoin because bitcoin  is a part of my life and it did a lot for me.
Yeah there is no need for panicking because the price is normal because it has its ups and downs and panicking is not a good idea since it will just give you either small profit or worse you will get a loss which is not acceptable for an investor like me. I am always either holding bitcoin for long term or putting them in some ICO.

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December 25, 2017, 03:04:33 AM
 #1235

Hard to say... but I think it's only a normal correction after a crazy growth.
I bet that in january bitcoin will start to rise again.

Are you betting in BTC or in $ Wink ?
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December 25, 2017, 04:35:37 AM
 #1236

It isn't and it never will. Bitcoin's falling price is a great opportunity for the investors to invest more in buying bitcoin since the price of bitcoin is down. At the start of 2018, bitcoins price will definitely increase and maybe reaching a new ATH. Lets wait for it to happen.

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December 25, 2017, 04:56:46 AM
 #1237

In bitcoin there never will be a panic time when the price is falling because we all know that after some time the price will increase and this is the opportunity for the investors to invest in bitcoin, bitcoin price will increase in coming  days and in 2018 bitcoin will achieve new heights with its price.
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December 25, 2017, 04:58:50 AM
 #1238

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
No it's not a panic time when bitcoin value falls down because bitcoin value increases from time to time we didn't know

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

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December 25, 2017, 05:35:31 AM
Last edit: December 25, 2017, 01:11:37 PM by intoy_victor
 #1239

I don't no why its falling down, but you don't need to panic because for my long time bitcoiner for me its normal. Bitcoin is always like that it will go down then ot will go back very fast. Just chill, work and focus. Don't bother your self to the price because its normal.
haster100
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December 25, 2017, 05:46:36 AM
 #1240

When the price rises or stays stable, it's easy to remain calm, but when the price falls sharply, we see panic. Is the ability to earn a whale. The more they buy bitcoin, the easier it will be to destabilize the market. You must be always ready for this.
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